Episode 317: Taking $50k From A Taxable Brokerage Account To Buy A Car & Learning To Enjoy Money Now with Andy Hill
Apr 12, 2023•35 min•Season 1Ep. 317
Episode description
Andy Hill, host of the podcast, Marriage Kids And Money, joins the Journey to Launch podcast to discuss his most recent financial decision: taking $50,000 out of his taxable brokerage account to purchase a new car.
We dive into the importance of making financial decisions based on personal values and life goals instead of following what everyone else is doing. Andy also shares his practical tips on car buying and the power of F-U money.
In this episode, you’ll learn more about:
- Why Andy decided to liquidate a taxable brokerage account for a depreciating asset (i.e. his new car)
- Reasons why you should enjoy your money now and use it to elevate your life experiences
- The power of f-u money, operating from abundance instead of fear, and always learning new things
- Reducing financial anxiety, how long a financial freedom journey can take, + more
Watch the video to this episode at YouTube.com/journeytolaunch
Other Links Mentioned in episode:
- Listen to Andy on Episode 32: A Conversation About Marriage, Kids & Money
- Check out Andy's Make My Kid a Millionaire course here.
- Check out my new personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
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